The Globe and Mail reports in its Friday, April 12, edition that CIBC World Markets analyst Hamir Patel lowered his estimates for wood products companies further heading into first quarter earnings season, pointing to "weaker-than-expected benchmark prices and lower volume/higher cost assumptions" following recent channel checks. The Globe's David Leeder writes in the Eye On Equities column that Mr. Patel has reaffirmed his "outperformer" recommendation for Interfor. Mr. Patel trimmed his share target by a loonie to $24. Analysts on average target the shares at $28. The Globe reported on Oct. 22, 2021, that Mr. Patel had downgraded Interfor to "neutral" from "outperform." He said he did not see much upside ahead. Interfor shares could then be had for $31.24. The Globe reported on April 21, 2023, that Mr. Patel rated Interfor "outperformer." The shares could then be had for $23.31. The Globe reported on May 9, 2023, that RBC Capital Markets analyst Paul Quinn continued to rate Interfor "outperform." The shares could then be had for $22.67.